NOT LISTED FOR SALE

861 & 863 E Elmwood Ave Beloit, WI 53511

Estimated Value: $204,000 - $299,000

4 Beds
2 Baths
1,792 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $199,900 $112 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,533/month

Highlights

  • 0.65 Acre Lot
  • Balcony
  • Laundry Room
  • Fenced Yard
  • Eat-In Kitchen
  • Accessible Bedroom

About This Home

As of January 2021

Sit back and collect the rent. This duplex has been nicely updated and has long term tenants. Within the last 4 & 1/2 years the seller has updated the kitchens and bathrooms, the electrical, windows, flooring and solid oak doors . Each unit has newer furnaces, water heaters and central air units. Tenants pay all utilities. Both sides have an attached one car garage with extra parking outside. This duplex is located in Beloit Township on a large .65 acre lot. Each side is fenced with private patios. Both sides mirror each other with the floor plan. 861 is available for showing with a 24 hour notice. If interested, 863 will be available to show during a second showing with a 24 hour notice. You MUST wear a mask and please remove your shoes. See profit and expense report in docs.

Last Agent to Sell the Property

Heidi Krenz-Buchanan

Century 21 Affiliated License #53699-94 Listed on: 10/05/2020

Century 21 Affiliated

Last Buyer's Agent

Donya Bundy

Gambino Realtors License #62727-94

Gambino Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1961

Lot Details

  • 0.65 Acre Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Covered Spaces
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Powers/Garden Prairie Elementary School
  • Turner Middle School
  • Turner High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter

Community Details

  • 2 Units
  • Net Operating Income $16,071

Listing and Financial Details

  • Assessor Parcel Number 004 083057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,530

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Municipality: Beloit
  • Status Detail: Sold
  • Mailing City: Beloit
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Tenants personal property.
  • Items Included: 2 stoves, 2 refrigerators, 2 microwaves, 2 washers, 2 dryers.
  • Miscellaneous: Fenced yard
  • Noi Year: 2019
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Aluminum/Steel, Wood, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, 2 spaces
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Fee Information

  • Total Expenses: 3129

Schools

  • School District: Beloit Turner
  • Elementary School: Powers/Garden Prairie
  • Middle School: Turner
  • High School: Turner
  • Elementary School: Powers/Garden Prairie
  • High School: Turner
  • Middle School: Turner
  • School District: Beloit Turner

Lot Info

  • Estimated Aces: 0.65
  • Zoning: res
  • Geo Subdivision: WI

Rental Info

  • Total Income: 19200

Tax Info

  • Land Assessment: 15500
  • Improvements: 94900
  • Total Assessment: 110400
  • Assessment year: 2019
  • Net Taxes: 2530
  • Tax Year: 2019
  • Assessor Parcel Number: 004 083057

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $199,900 -6.6% $112 / Sq Ft
10/05/2020 10/05/20 For Sale $214,000 -- $119 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,749 $172,900 $18,600 $154,300
2023 $2,672 $172,900 $18,600 $154,300
2022 $2,496 $110,400 $15,500 $94,900
2021 $2,562 $110,400 $15,500 $94,900
2020 $2,547 $110,400 $15,500 $94,900
2019 $2,530 $110,400 $15,500 $94,900
2018 $2,568 $103,800 $15,500 $88,300
2017 $2,474 $103,800 $15,500 $88,300
2016 $2,554 $103,800 $15,500 $88,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1895151

South Central Wisconsin Multiple Listing Service

APN: 626-78